SolarEdge Technologies $SEDG consolidates between its moving average support and resistance clusters for another week.
SEDG @ $53.47
Support: 36/38/42-week SMAs @ $42.51-$43.40
Spotify Technology $SPOT continues to respect its weekly moving average support and resistance triads.
Resistance: 25/26/28-week SMAs @ $483.98-$487.73
SPOT @ $478.14
Support: 175/196-week EMAs @ $421.29-$437.09
Rocket Lab $RKLB ($67.62) traded through its weekly moving average support band & closed below it.
This is still the over/under line in the sand.
When that happens, the monthly timeframe provides more context. Candle is still alive, and the monthly MA support spans $68.78-$83.59.
Lam Research $LRCX came all the way down to kiss its daily moving average support band.
LRCX @ $313.30
Support: 100/104-day EMAs @ $295.35-$297.83
Royal Gold $RGLD trades down right under its weekly moving average resistance triad.
Good to know where support is, just in case.
Resistance: 5/7/12-week EMAs @ $200.35-$213.68
RGLD @ $189.17
Support: 287-week EMA & 354/383-week SMAs @ $133.73-$152.78
Gorilla Technology Group $GRRR prints a vicious drop after price closed below its daily moving average support triad for 2 days.
Teck Resources $TECK closes the week right at its daily moving average support triad.
Another week that Jumia Technologies $JMIA stays between its already tight weekly moving average support and resistance clusters.
Resistance: 11/270w EMAs & 14w SMA @ $7.00-$9.43
JMIA @ $6.50
Support: 113/116/133w SMAs @ $6.49-$6.79
Beam Therapeutics $BEAM is back to its weekly moving average support.
